Mainebiz

Fact Book: Doing Business in Maine 2021

Issue link: https://nebusinessmedia.uberflip.com/i/1396013

Contents of this Issue

Navigation

Page 13 of 95

V O L . X X V I I N O. X V I 14 Fact Book / Doing Business in Maine Q UA L I T Y O F L I F E 2016 2015 Percent change, 2015–2016 Previous year's rank Total 2016 county personal income 1 1 Cumberland $54,309 $52,298 3.8% 1 $15,860,375 2 Hancock $46,959 $45,190 3.9% 5 $2,555,476 3 York $46,687 $45,466 2.7% 3 $9,446,695 4 Sagadahoc $46,406 $45,702 1.5% 2 $1,636,883 5 Knox $46,275 $43,738 5.8% 6 $1,839,165 6 Lincoln $46,231 $45,358 1.9% 4 $1,581,824 7 Kennebec $42,194 $41,554 1.5% 7 $5,087,324 8 Washington $38,895 $37,185 4.6% 8 $1,223,259 9 Androscoggin $38,091 $37,106 2.7% 9 $4,087,884 12 Penobscot $37,876 $37,032 2.3% 10 $5,749,849 10 Aroostook $37,643 $36,717 2.5% 12 $2,558,201 13 Waldo $37,334 $36,833 1.4% 11 $1,469,623 11 Somerset $36,830 $35,951 2.4% 13 $1,875,213 14 Oxford $35,633 $34,891 2.1% 14 $2,038,841 15 Piscataquis $35,426 $34,634 2.3% 16 $596,687 16 Franklin $34,937 $34,849 0.3% 15 $1,048,134 MAINE $44,053 $41,240 6.8% $58,655,433 Maine personal income Ranked by per capita personal income, 2016 1 Figures in thousands. S O U R C E : U.S. Department of Commerce, Bureau of Economic Analysis 1 According to the Bureau of Economic Analysis, personal income is the total income an individual derives from all sources, while disposable income is total personal income less personal current taxes. S O U R C E : U.S. Department of Commerce, Bureau of Economic Analysis Disposable personal income, 1 per capita 1990–2017 $0K $10K $20K $30K $40K $50K $60K '20 '17 '14 '11 '08 '05 '02 '99 '96 '93 '90 Maine disposable income Maine taxes $0K $10K $20K $30K $40K $50K $60K '20 '17 '14 '11 '08 '05 '02 '99 '96 '93 '90 U.S. disposable income U.S. taxes 2020 2019 Percent change, 2019–2020 R.I. $60,837 $56,426 7.8% MA $79,721 $74,161 7.5% ME $54,225 $50,575 7.2% VT $58,650 $55,288 6.1% N.H. $66,418 $63,452 4.7% CT $79,771 $77,273 3.2% U.S. $59,729 $56,474 5.8% New England per capita personal income, 2020 S O U R C E : U.S. Department of Commerce, Bureau of Economic Analysis 2019 2020 2021 MA $12.75 $12.75 $13.50 ME $12.00 $12.00 $12.15 CT $11.00 $12.00 $12.00 VT 1 $10.96 $10.96 $11.75 R.I. $10.50 $11.50 $11.50 N.H. $7.25 $7.25 $7.25 U.S. $7.25 $7.25 $7.25 State minimum wage 1 Rates applicable to employers of two or more. S O U R C E : Wage and Hour Division, U.S. Department of Labor Women's earnings as a percent of men's 1 1 Median usual weekly earnings of full-time wage and salary workers 16 years of age and over. S O U R C E : U.S. Bureau of Labor Statistics Maine U.S. 70% 75% 80% 85% 90% 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 New England median household income, 2019 1 Ranked by percent change, 2018–2019 1 Adjusted for inflation. S O U R C E : U.S. Census Bureau, 2019 and 2018 American Community Survey 1-Year Estimates 2019 2018 Percent change, 2018–2019 R.I. $71,169 $64,340 10.6% MA $85,843 $79,835 7.5% ME $58,924 $55,602 6.0% N.H. $77,933 $74,991 3.9% VT $63,001 $60,782 3.7% CT $78,833 $76,348 3.3% U.S. $65,712 $61,937 6.1%

Articles in this issue

Archives of this issue

view archives of Mainebiz - Fact Book: Doing Business in Maine 2021